Local Ice Cream Shop w/ Income Property

Hartford County, CT

Local Ice Cream Shop w/ Income Property

Asking Price:$699,000

Cash Flow:$150,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$500,000

Established:2000

Local Ice Cream Shop w/ Income Property

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Business Description

Great Business & Real Estate in Historic Town

Charming local Ice Cream Shop in historic district of a great Hartford suburb. This well known creamery is attached to an early 1800's house with an attached office or party room and a 4 bay detached garage. This house with full commercial equipment can be used as a residence or as a rental or possible bed & breakfast. Located on a charming downtown street. This 16 year old Ice Cream shop is self run and present staff will stay on if new owner desires. The income from the rentals returns approximately an 8% return to an investor not including the profit from the business.The business profit alone could pay the mortgage with 25% down! For further information please fill out a NON DISCLOSURE AGREEMENT on line by going to www.abc4restaurants.com

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3
Facilities:
Well maintained ice cream shop and income property that includes a residential house built in the 1800"s, ice cream shop, office and rental garages. total square footage of 3100 gross building area on full and unfinished basements.
Competition:
Only one of its king in this historic Hartford suburb
Growth & Expansion:
Add some food items and stay open through the winter. Add catering menu. Marketing to social media
Support & Training:
Owner will stay on for a period of time or management team will stay on if new owner wishes.
Reason for Selling:
Retirement

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Joe Granato

Business Listed By:
Joe Granato

ABC4Restaurants /ABC4Commercial (Investment Properties)

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